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Kelvin owns and lives in a duplex. He rents the other unit for $720 per month. He incurs the following expenses during the current year

Kelvin owns and lives in a duplex. He rents the other unit for $720 per month. He incurs the following expenses during the current year for the entire property:

Mortgage interest $ 7,350

Property taxes 1,880

Utilities 1,420 Fixed light fixture in rental unit 85

Fixed dishwasher in personal unit 220

Painted entire exterior 1,010

Insurance 1,700

Depreciation (entire structure) 6,200

image text in transcribed How are the above income and expenses reported on Kelvin's tax return Note: Enter Schedule E expense as a negative number

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